Spartan Delta (DALXF) to Release Quarterly Earnings on Tuesday

Spartan Delta (OTCMKTS:DALXF) is anticipated to issue its resultson Tuesday, May 5th. Analysts expect the company to announce earnings of $0.0336 per share and revenue of $91.5380 million for the quarter.

Spartan Delta Stock Performance

DALXF stock opened at $10.02 on Monday. The company’s 50 day moving average price is $8.58 and its 200 day moving average price is $6.58. Spartan Delta has a fifty-two week low of $1.89 and a fifty-two week high of $10.49.

Analyst Ratings Changes

DALXF has been the topic of a number of recent research reports. TD Securities restated a “buy” rating on shares of Spartan Delta in a research note on Tuesday, February 24th. BMO Capital Markets reiterated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, February 11th. Finally, Scotiabank reiterated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, January 21st. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Spartan Delta Company Profile

Spartan Delta Corp., trading on the OTC Markets under the symbol DALXF, is a Canada-based mineral exploration and development company. The company focuses on the acquisition, exploration and advancement of resource-stage properties targeting battery and critical metals, including nickel, copper, cobalt and gold. Spartan Delta seeks to capitalize on the growing demand for metals that support renewable energy, electric vehicles and advanced technologies.

Spartan Delta’s portfolio comprises early and advanced-stage projects in Canada, with a concentration in Ontario and Quebec.